(Argus, 10.Mar.2020) — Venezuelan state-owned PdV’s PetroPiar joint venture with Chevron suspended upgrading operations following a pipeline explosion early today, three oil workers at the […]
Mexico Says Hedge Covers Oil Income
(Reuters, 10.Mar.2020) — Mexico’s finance minister said on Tuesday a $1.4 billion hedge program completely covered 2020 national oil income following a steep drop in […]
Venezuela Offers Discounts As Prices Collapse
(Reuters, 10.Mar.2020) — Venezuela’s oil company PDVSA is this week offering discounts of up to $23 per barrel on its flagship crude, traders said, as […]
Argentina Blocks Oil Imports In Bow To Local Producers
(Argus, 10.Mar.2020) — The oil price collapse is prompting Argentina to revive state intervention to protect the domestic oil industry. The national government is putting […]
Pampa Energía Announces Year-end Results
(Pampa Energía, 10.Mar.2020) — Pampa Energía S.A., the largest independent energy integrated company in Argentina, with active participation in the country’s electricity and gas value […]
Petrobras Reports On Petros Plan
(Petrobras, 10.Mar.2020) — Petrobras reports that its Board of Directors deliberated on the New Deficit Equation Plan (New Plan) of the Renegotiated and Non-Renegotiated Petrobras […]
Venezuela Cause Drifting Off International Agenda
(Argus, 10.Mar.2020) — Venezuela’s US-backed opposition is scrambling to stay relevant at home and abroad as the US and other foreign patrons turn inward to […]
Neuquén Provincial Govt Seeks Minimum $50/bbl Price
(Energy Analytics Institute, Aaron Simonsky, 10.Mar.2020) — Officials from Argentina’s Neuquén Province has requested formal meetings be held with the Energy Secretariat of Argentina’s government […]
Oil Price Crash Spells Trouble For Trinidad
(Trinidad Express, 9.Mar.2020) — The oil price crash yesterday spells trouble for Trinidad and Tobago’s economy. University of the West Indies economist Dr Roger Hosein […]
Latin America Oil Plays Rocked By Oil Price Rout
(Argus, 9.Mar.2020) — Latin America’s bold plans to tap deepwater, unconventional and heavy oil reserves — already under pressure by coronavirus in key demand markets […]
Petrobras Inks Deal To Sell Onshore Tucano Basin Fields
(Petrobras, 9.Mar.2020) — Petrobras signed an agreement with Eagle Exploração de Óleo e Gás Ltda. for the sale of 100% of its stakes in four […]
PdV Names New Shipping Head As Arrests Mount
(Argus, 9.Mar.2020) — Venezuelan state-owned PdV named a new head of its shipping unit following 38 arrests over alleged fuel theft. PdV Marina’s new president […]
Nations Meet to Discuss Mexico Energy Concerns
(Reuters, 9.Mar.2020) — The United States, the European Union, Canada and six European nations have held joint talks on concerns over Mexico’s energy policy, sources […]
Talos Energy To Postpone Analyst And Investor Event
(Talos, 9.Mar.2020) — Talos Energy Inc. announced that it is cancelling its Analyst and Investor Event previously scheduled for March 12, 2020 in New York […]
Mobile Pipeline Order For TITAN®XL Modules
(Hexagon, 9.Mar.2020) — Hexagon Mobile Pipeline, a business of Hexagon Composites, has been awarded an order for TITAN® XL modules with an estimated value of […]
Oil Price Plunge Ramps Up Pressure On Pemex
(Reuters, 9.Mar.2020) — A crash in crude prices has intensified pressure on the finances of Mexican state oil firm Petroleos Mexicanos (Pemex), which is facing […]
Oil Price Rout May Trigger Major Shake-up: Woodmac
(WoodMac, 9.Mar.2020) — As global markets reel in the wake of the oil price crash, Wood Mackenzie’s Tom Ellacott said: “The price collapse could be […]
As Guyana Elections Remain Up In The Air
(News America, 8.Mar.2020) — As tension continues in Guyana one week after its general elections and a top court upheld an injunction blocking the elections […]
Mariela Poleo To Head Simón Bolívar Foundation
(Citgo, 8.Mar.2020) — Citgo Petroleum Corporation announced the appointment of Mariela Poleo as President of the Simón Bolívar Foundation (SBF), the company’s non-profit, private foundation […]
Guyana Court Halts Release Of Election Results
(Reuters, 8.Mar.2020) — Guyana’s top court on Sunday upheld an injunction blocking the elections commission from proclaiming a winner in this month’s presidential election, delaying […]
Venezuela Moves To Arrest Numerous Oil Workers
(Energy Analytics Institute, Piero Stewart, 7.Mar.2020) — Venezuela’s government has arrested numerous oil sector workers for presumably providing confidential information to the US government as […]
New Commission To Safeguard PDVSA’s Interest
(Energy Analytics Institute, Piero Stewart, 7.Mar.2020) — Venezuela has established a new Presidential Commission which aims to defend and safeguard the interest of state oil […]
Barbados PM Mottley On Guyana Elections
(Barbados PM Office, 7.Mar.2020) — The Caribbean Community calls on the electoral officials in Guyana and the representative political parties to work together to achieve […]
Venezuela Detains Over 30 PDVSA Workers
(Reuters, 7.Mar.2020) — At least 38 workers from Venezuela’s state oil company Petroleos de Venezuela’s, including the president of maritime subsidiary PDV Marina, were detained […]
Is 2020 The Year For Regime Change In Venezuela?
(FT, 7.Mar.2020) — There have been enough false dawns in Venezuela to deter any confident predictions but a series of developments — all energy related […]
Jason Carter Speaks To Media In Guyana
(Energy Analytics Institute, Ian Silverman, 6.Mar.2020) — The Carter Center’s Jason Carter speaks to media in Guyana on 6 March 2020 regarding that country’s elections […]
Joint Statement From Int’l Observers In Guyana
(The Carter Center, 6.Mar.2020) — The international observer missions from the Commonwealth, the Organization of American States, the European Union, and The Carter Center issue […]
YPF SA Q4 2019 Earnings Call Transcript
(Motley Fool, 6.Mar.2020) — YPF earnings call for the period ending December 31, 2019. Operator Good morning and welcome to the Fiscal Year End Fourth […]
Petrobras Cuts Bolivia Gas Offtake By 30pc
(Argus, 6.Mar.2020) — Brazil’s state-controlled Petrobras signed an agreement with its Bolivian counterpart YPFB to reduce its natural gas offtake to 20mn m³/d from 30mn […]
US Eying Not Renewing Chevron’s Venezuela Waiver
(Reuters, 6.Mar.2020) — The U.S. government is preparing to impose new measures as soon as next week to stifle Venezuela’s oil exports, including a move […]
Echo Energy Extends Existing £1mn Loan
(Echo, 6.Mar.2020) — Echo Energy, the Latin American focused upstream oil and gas company, provides an update on production and operations following the Company’s recent […]
Petrobras Releases Teaser For Colombian Assets
(Petrobras, 6.Mar.2020) — Petrobras has started the opportunity disclosure stage (teaser), referring to the sale of its fuel and lubricant distribution and marketing businesses in […]
Oil Bonanza Plunges Guyana Into Political Crisis
(The New York Times, 5.Mar.2020) — The discovery of an enormous oil deposit off the coast of Guyana was meant to catapult this tiny country […]
Granger Says Ready To Serve Five More Years As President
(Reuters, 5.Mar.2020) — Guyanese President David Granger on Thursday told supporters his coalition was ready to serve five more years in office following the country’s […]
Frontera Announces Quarterly Dividend
(Frontera, 5.Mar.2020) — Frontera Energy Corporation announced that its Board of Directors has declared a dividend of C$0.205 per common share, which will be paid […]
Frontera Reports 4Q:19 And Year End 2019 Results
(Frontera, 5.Mar.2020) — Frontera Energy Corporation released its Consolidated Financial Statements, Management Discussion and Analysis (“MD&A“), Annual Information Form (“AIF“) and Form 51-101 F1 – […]
AMLO Says New Energy Plan Could Be Ready In March
(Reuters, 5.Mar.2020) — Mexico’s President Andres Manuel Lopez Obrador said on Thursday the country’s new energy plan could be ready within 10 days, and the […]
Guyana Elects Leader As Vast Oil Boom Dawns
(AP, 4.Mar.2020) — Guyana voted for a new government on Monday in a bruising fight for control of a tiny South American country whose oil […]
Total Eyes $3.34B Investment In Brazil Oil And Gas
(Seeking Alpha, 4.Mar.2020) — Total expects to invest 15B reais ($3.34B) in Brazil’s oil and gas industry over the next five years, according to a […]
Cryopeak LNG Completes Largest Ever Delivery of LNG
(Cryopeak LNG Solutions Corporation, 3.Mar.2020) — Cryopeak LNG Solutions Corporation, based in Richmond BC, has completed the largest ever North American delivery of liquefied natural gas […]
Atlas And DNB Issue Solar PV Bond In Latin America
(Atlas, 3.Mar.2020) — Atlas Renewable Energy, and DNB Markets announced the issuance of a $253 million US private placement (“USPP”) in Green Bond format. The […]
Parker Drilling Reports 2019 Fourth Quarter Results
(Parker, 3.Mar.2020) — Parker Drilling Company announced results for the fourth quarter ended December 31, 2019, which included a net loss of $2.1 million, or […]
Atlas Renewable, DNB Markets Issue Solar PV Bond
(Atlas, 3.Mar.2020) — Atlas Renewable Energy, and DNB Markets announced the issuance of a $253m US private placement (“USPP”) in Green Bond format. The notes […]
Parker Drilling To Host Conference Call
(Parker, 3.Mar.2020) — Parker Drilling Company has scheduled a conference call for 10:00 a.m. Central Time (11:00 a.m. Eastern Time) on Wednesday, March 4, 2020, […]
Promigas Commissions New Gas Transportation Capacity
(Promigas, 2.Mar.2020) — Promigas has commissioned an infrastructure expansion project in order to transport natural gas from new deposits in the south of the Caribbean […]
Promigas Guarantees Energy Security In Colombia
(Promigas, 2.Mar.2020) — Because of the drought that has been affecting Colombia, reservoir levels have fallen this week to 44% of capacity, which represents a […]
OPEC Statutes Roots Point To Caracas
(Energy Analytics Institute, Piero Stewart, 2.Mar.2020) — In Caracas, and by unanimous decision of the founding member of the Organization of Petroleum Exporting Countries (OPEC) […]
Frontera Extends Deal With PeruPetro
(Frontera, 2.Mar.2020) — Frontera Energy Corporation has executed a six-month extension agreement with Perupetro S.A. with respect to the temporary service contract on Block 192 […]
Venezuela Arrests Officials For Giving US Oil Data
(AFP, 2.Mar.2020) — Venezuela said Monday it had arrested two officials from state oil company PDVSA for providing the US with “strategic and sensitive” details […]
Venezuela’s Oil Exports Rose Ahead Of Wind-down Date
(Reuters, 2.Mar.2020) — Venezuela’s oil exports rose 9% in February from the previous month, as some buyers rushed to take cargoes ahead of the expiration […]